According to the textbook , the strategic management process begins with strategy formulation .
Option B is correct .
Strategic management process :The strategic management process begins with an understanding of strategy and performance. As we've noted in this introductory chapter, strategic management is both an art and a wisdom, and it involves multiple conceptualizations of the notion of strategy drawn from recent and ancient history. Strategic management process is a nonstop culture of evaluation that a business adopts to eclipse the challengers. Simple as it may sound, this is a complex process that also covers expressing the association's global vision for current and unborn objects.
What are the varieties of strategic management?The five types of strategic management numerated from utmost simplistic to utmost complex are direct, adaptive, illuminative, suggestive, and transcendent. These five types of strategic management characterize a continuum of organizational focus and action.
Learn more about strategic management :
brainly.com/question/27321984
#SPJ4
what is the rate of return for an investor who pays $1,054.47 for a 3-year bond with an annual coupon payment of 6.5% and sells the bond 1 year later for $1,037.19?
The rate of return for a 3-year bond is 5.00
The rate of return is calculated as:The fee of go back for the investor may be decided the usage of a retaining duration fee of go back bearing in thoughts that the investor could incur a coin's outflow of $1,054.47 while the investor could receive $1,037.19 and an annual coupon of 7% of the face price
Retaining duration return= (promoting charge + annual coupon-buying price)/buying price
Annual coupon=7%*$1000
Annual coupon=$70.00
Holding duration return= ($1,037.19+$70.00-$1,054.47)/$1,054.47
Holding duration return=5.00%
To know more about rate of return visit:
brainly.com/question/24232401
#SPJ4
the following operation benefits from appreciation of the firm's local currency: a. borrowing in a foreign currency and converting the funds to the local currency prior to the appreciation b. receiving earnings dividends from foreign subsidiaries c. purchasing supplies locally rather than overseas d. exporting to foreign countries
Option a. borrowing in a foreign currency and converting the funds to the local currency prior to the appreciation benefits from appreciation of the firm's local currency.
A foreign currency is the currency utilized by a foreign u . s . a . as its diagnosed form of monetary alternate. This particular forex is the most effective form of alternate that the relevant authorities lets in for use for getting and selling inside its borders
To favor the trade of budget among unique countries; we can locate nations with excess liquidity and others that need liquidity. To finance worldwide trade, whose transactions constitute a enormous part of the foreign money market.
Learn more about currency here:https://brainly.com/question/11160294
#SPJ4
which statement best characterizes product strategy for industrial products? multiple choice question. cultural differences between markets force manufacturers to substantially adapt industrial products to local markets. most companies will not sell industrial products internationally because they do not want to adapt those products to foreign markets. most industrial products require substantial changes in order to be successful in foreign markets. companies can avoid adapting products by developing products to meet the most stringent regulations.
The best characterizes product strategy for industrial products is Companies can avoid product adaptation due to legal differences by designing products to meet the most stringent regulations.
What is product strategy?Product strategy defines the high-level plan for developing and marketing a product, how the product supports the business strategy and goals, and how product roadmaps bring the product to life. A product strategy is a plan developed by a company to define a product's vision and identify how that vision will be realized. A product strategy is developed with the "big picture" of a product in mind, assisting companies in justifying why their product exists and how users will benefit. The product strategy should connect your product vision to the tactical steps required to complete that mission. First, your team will create a product vision. "We will help businesses unlock valuable information by making their data more accessible and useful," for example.To learn more about product strategy, refer to:
https://brainly.com/question/28789613
#SPJ4
which statement below is most true? projects ensure the right projects are done. project management, projects, programs, and portfolios are in place to support the strategic business goals of the organization. projects, programs, and portfolios are responsible for outputs and deliverables. portfolio managers ensure the program components are delivered in a coordinated and complimentary manner.
Project management, programs, and portfolios are in place to support the strategic business goals of the organization is the most true statement.
The best way to explain the connection between project management, program, and portfolio management is as follows: A project is a brief undertaking made by a business or organization A program is a collection of projects that are linked or comparable to one another and are frequently handled and directed collectively rather than separately. A portfolio is a collection of various initiatives and/or projects carried out by the same company, whether or not they are related to one another.
It is crucial for project management, and portfolio managers within an organization to comprehend one another's contributions to the accomplishment of a strategic goal in order to be effective. Without this comprehension, there can be unneeded uncertainty and misunderstandings that could cause an initiative to fail before it even gets off the ground.
To learn more about project management click here:
https://brainly.com/question/17313957
#SPJ4
The tire tread wears out in at least 60,000 miles. the tire company bought 48 tires and found out the average mile usage for 48 tires is 59,500. what hypothesis do we test to find out if the manufacturer claim is too optimistic and tires wear out before 60,000 miles?
Manufacturer's promise of 0.6928 is very optimistic, as tyres degrade before 60,000 miles.
Here, is the attached solution.
Since the typical automobile travels between 10,000 and 12,000 miles annually, used cars with annual averages below that can be regarded as having good mileage.
To get the car's yearly average, simply divide the odometer reading by the years the car has been on the road. However, a car's condition is also influenced by its make and model, history, and driving and maintenance practises. Due to the fact that older vehicles frequently start needing more expensive and frequent maintenance as mileage exceeds 100,000, this number is sometimes utilised as a cutoff point for used cars.
However, thanks to advancements in automotive technology, the majority of vehicles built in this millennium will continue to run well past the 100,000-mile mark. As a result, the answer ultimately depends on the general condition of the vehicle.
To know more about Manufacturers miles visit:
https://brainly.com/question/16083240
#SPJ4
during the current year, barry (single taxpayer) has taxable income of $60,000. of that amount, $10,000 is long-term capital gain. how will barry calculate the tax on his income?
Considering the above situation of Barry and taxation policy, Barry will calculate his tax on his income by using the tax rate schedule.
What is Tax Rate Schedule?Tax Rate Schedule is a term that is used to describe the rates at which individuals' income is taxable according to their income level and filing status.
Different types of Tax Rate Schedules
As of 2022, the current American tax system policy has various Tax Rate Schedule which includes the following:
10 percent12 percent22 percent24 percent32 percent35 percent 37 percentEach of these percentages varies depending on the category of taxpayers. These categories include the following:
Single filersMarried, filing jointlyMarried filing separatelyHead of the HouseholdUsually, the percentages and income brackets can change from one year to another.
Given their situation of Barry, calculating the tax on his income will be as follows:
Utilizing the tax rate schedule, Barry will have 50,000; then multiply the 10,000 by 15%, and then add the two amounts.
Hence, in this case, it is concluded that the correct answer is using the tax rate schedule.
Learn more about Tax Rate Schedule here: https://brainly.com/question/28526221
#SPJ1
student athletes argue that they have the right to form labor unions because they are treated like employees. which of the following, if true, would most likely strengthen this argument? a. student athletes enjoy decision-making powers in team selection processes. b. student athletes do not receive compensation for costs associated with health benefits and utility expenses. c. student athletes work over 40 hours a week in many cases and can be fired for poor performance. d. student athletes represent only one university team until they graduate.
The statement that would most likely strengthen the above argument is
c. student athletes work over 40 hours a week in many cases and can be fired for poor performance.
Labor unions are normally formed by the employees of an organization. Many student-athletes are not allowed to form labor unions because they are not considered employees by certain organizations.
However, such student athletes that work for the same duration like normal employees around 40 hours have can ask for the formation of a labor union.
Also, the organization has the right to fire student athletes for poor performance just as they do for normal employees. As the student athletes are being treated like employees through these factors, they can help in strengthening of their argument.
To learn more about labor union, click here:
https://brainly.com/question/881501
#SPJ4
magine that instead of hiring each assistant right away in the hiring assistant problem, we wait until the end to hire the best one. what are the best- , worst-, and average-case costs in this case? explain
An algorithm's running time is typically analyzed using probabilistic analysis. Simply put, probabilistic analysis is the application of probability to problem solving.
What is the issue with hiring?
In the analysis of algorithms, a well-known decision-making issue is the hiring issue. An effective algorithm for selecting the best candidate from a list of n candidates is developed to solve the issue.
Write the hiring problem using a random algorithm.
If a random number generator's values partly determine an algorithm's behavior, it is randomized.This necessitates a modification to the hiring issue scenario:The employment agency provides us with a list of n candidates in advance and lets us select the order in which we want to interview them.We select at random.
Learn more about hiring here:
https://brainly.com/question/2158595
#SPJ4
north carolina national bank (ncnb) used its unique core competency of identifying, appraising, and integrating acquisition targets to be rebranded as bank of america, one of the largest banks in the united states. this is an example of a firm
One of the largest banks in the united states. This is an example of firm leveraging existing core competencies to improve its current market position.
Competence is the ability to apply or use the relevant set of knowledge, skills and competencies necessary to successfully perform a "critical work function" or task in a defined work environment.
Competence: The knowledge, behavior, attitudes, or even skills that lead to the ability to do something successfully or efficiently. The ability to make business decisions becomes a competency. Skills: Skills acquired and applied to effectively use one's knowledge in execution or performance.
Core competencies also called "core qualifications", are a list of qualifications required for a job. The Core Competencies section includes your skills, qualifications, knowledge of various software products, or personality traits that make you a desirable candidate.
Learn more about competencies https://brainly.com/question/28072629
#SPJ4
which two groups would issue eurobonds? multiple select question. sovereign governments small domestic corporations private banks multinational corporations
The sovereign governments and multinational corporations issue eurobonds. Hence the correct responses to the question is options (a) and (d).
What is a Eurobond?A financial instrument known as a "Eurobond" is one that is issued on a market or in a nation where the native currency is not used. By the currency they are denominated in, such as eurodollar or euroyen bonds, eurobonds are widely categorized. Eurobonds are frequently referred to as foreign bonds because they are issued in a different currency. Eurobonds are significant because they enable businesses to raise cash while providing the option to issue them in different currencies.
Eurobonds are typically issued on behalf of the borrower by a global syndicate of financial institutions, one of which may underwrite the bond and therefore guarantee the sale of the entire issuance.
To know more about, eurobonds, visit :
https://brainly.com/question/28285682
#SPJ4
1. do we have enough of a loyal following as a local shop that we can attract customers away from starbucks? 2. with the town growing as fast as it is, will other coffee shops decide to locate there?
1. Yes, we have a loyal following of local customers who appreciate our coffee and our shop.
2. With the town growing as fast as it is, other coffee shops may decide to locate there, but we believe that our loyal customer base will continue to support us.
What is customer?
An individual as well as business that purchases goods or services from another company is known as a customer. Customers are crucial to businesses because they generate revenue; without them, they would cease to exist. All businesses compete with one another to draw clients, whether through aggressive product promotion, price reductions to increase clientele, or the creation of distinctive goods and experiences that clients adore. Because satisfied customers are likely to give repeat business to businesses that meet or exceed their needs, businesses frequently uphold the proverb "the customer is always right." As a result, many businesses keep a close eye on their client interactions in order to get input on how to enhance their product offerings. There are numerous ways to classify customers. Customers are typically divided into internal and external categories.
To learn more about customer
https://brainly.com/question/26313265
#SPJ4
Organizations must have a strategy for managing all the resources that are involved in meeting customer demand for their product or service. This strategy is developed in the ________ activity of scm.
Greater performance is determined by how effectively all processes and personnel transfer goods and services along the supply chain to the market.
Supply chain management (SCM) – what is it?
The process of getting a product from a raw material to a consumer is called supply chain management. Supply management, product and demand planning, sales and operations planning, and supply planning are all included.
The importance of supply chain management
Strategic supply chain management initiatives can have a positive ripple effect across the entire organization. Customer satisfaction and return on investment (ROI) are the two key areas where supply chain operations and procedures can influence business outcomes.
Higher performance results from satisfied clients.
To learn more about Supply chain management from the given link.
https://brainly.com/question/15217906
#SPJ4
a northeast airlines gate agent, betnijah gray, gives out seat assignments to ticketed passengers. she takes an average of 50 seconds per passenger and is rated 110% in performance. how long should a typical agent be expected to take to make seat assignments? [px]
The Northeast Airlines gate agent Gray distributes seat assignments to ticket holders. She has a performance rating of 110% and averages 50 seconds per passenger. how long should an average agent be given to allocate seats?
The usual fare for a Lofty Airlines flight is $200, while the per-passenger variable cost is $50. In an effort to fill the final 30 available seats on Northeast Airlines, Lofty provides standby passengers with a 50% discount on tickets.
Each possible configuration of the passenger seats can be represented by a permutation of the numbers between 1 and N. We can claim that the "proper" approach is A = 12345N. (each passenger in their designated seat). Consequently, the first person on the seat 1; occupant of seat 2; etc. Northeast Airlines must determine which of the N! total permutations places each number in a different position than in A. When N=4 passengers, one permutation in which no individual is seated in his or her assigned seat is 2413.
As we can put any integer in the first seat but not 1, there are (N-1) alternatives. We can therefore put (N-2) potential numbers in the second seat since neither 2 nor the number can be seated in the first one. This line of thinking will result in (N-1)! permutations where none of the passengers are sitting in their assigned seats.
Learn more about northeast airlines hear :
https://brainly.com/question/13243393
#SPJ4
an independent business segment where the manager is expected to earn profits appropriate for their level of assets would be an example of which type of responsibility center?
This is an example of investment center.A business unit known as an investment center is one that a company uses to make money with its own resources.A typical illustration of an investment center is the financing division of a retailer or vehicle manufacturer.
What are examples of investment centers?A business unit known as an investment center is one that a company uses to make money with its own resources.A typical illustration of an investment center is the financing division of a retailer or vehicle manufacturer. Return on Investment (ROI), Residual Income (RI), and Extra Value Added (EVA) are three commonly used metrics to assess the effectiveness of investment centers (EVA). Offering guidance to governments and businesses on how to address their financial issues is the main objective of an investment bank.Finance, research, trading, sales, wealth management, asset management, IPOs, mergers, securitized products, hedging, and These are two significant and well-liked metrics for evaluating the success of investment centers.They are residual income and return on investment (ROI) (RI).The written-down value of the fixed assets or their gross value may be used to calculate net operating investment. other services are provided by investment banks to their clients. The manager of the investment division is liable for the assets' acquisition costs, revenues, and sales.The performance of the investment division is measured using a variety of methods, including return on investment (ROI), residual income (RI), and economic value added (EVA).To learn more about investment centers refer
https://brainly.com/question/28271489
#SPJ4
all of the following are reasons companies use promotion except multiple choice stabilize sales. stimulate demand. make customers forget about other products. inform customers. reinforce customers.
The reasons companies use promotion are the following except to make customers forget about other products (option C)
What is a promotion?Generally, The term "promotion" encompasses a wide range of activities with the goal of bringing more attention to a product or furthering its standing in the market.
When discussing a person's employment history, the phrase "promotion" refers to the process of elevating an employee's rank or position within a hierarchical structure.
The primary objective of promotion is to raise consumers' awareness of the presence of items and their respective locations in the market.
Promotion may also be used to convince consumers that the product is superior to similar items offered by competitors and to remind them of the reasons they would want to make a purchase.
Read more about promotion
https://brainly.com/question/20472836
#SPJ1
the money demand curve will shift to the left when which of the following occurs? a) a reduction in the interest rate b) an increase in the interest rate c) an open market sale of bonds by the central bank d) an increase in income e) none of the above
The correct option is e. None of the above mentioned statements justify that the money demand curve will shift to the left.
The connection between the cost of an item or service and the amount demanded over a specific time period is represented graphically by the demand curve. The price and quantity demanded are often represented with the price on the left vertical axis and the horizontal axis, respectively. The law of demand states that when the price of a given good rises, the quantity required falls, all other things being equal. This is expressed by the demand curve moving downwards from the left to the right. Notably, this approach suggests that quantity is the dependent variable and price the independent variable.
Learn more about demand curve here:
https://brainly.com/question/13131242
#SPJ4
canton has 60,000 shares of $10 par issued and outstanding. canton declares a 2-for-1 stock split. what is the par value and number of shares outstanding after the stock split
If canton has 60,000 shares of $10 par issued and outstanding. The par value is $5 per share and number of shares outstanding after the stock split is 120,000 shares.
How to find the number of shares outstanding?Par value:
Par value = $10 / 2
Par value = $5 per share
Using this formula to find the Outstanding shares
Outstanding shares = Current shares outstanding × Number of the split
Where:
Current shares outstanding = 60,000 shares
Number of the split = 2
Let plug in the formula
Outstanding shares= 60,000 shares × 2
Outstanding shares= 120,000 shares
Therefore the number of shares outstanding is 120,000
Learn more about number of shares outstanding here: https://brainly.com/question/25490123
#SPJ1
question content areain terms of the tax formula applicable to individual taxpayers, which of the following statements is correct? a.in arriving at taxable income, a taxpayer must choose between the standard deduction and the deduction for qualified business income. b.in arriving at taxable income, a taxpayer must choose between the standard deduction and itemized deductions. c.in arriving at agi, personal and dependency exemptions are subtracted from gross income. d.the tax formula does not apply if a taxpayer elects to claim the standard deduction.
A taxpayer is a natural person or legal entity that must pay taxes. The government may provide identity or reference numbers to individuals or businesses as modern taxpayers. One who pays taxes is often referred to as a "taxpayer".
Who is the tax payer?A taxpayer is anyone who owes taxes to the federal, state, or municipal governments, whether they are an individual or a corporation. Governments primarily obtain their funding through taxes, which are levied on both citizens and companies. Annual income tax obligations varies for people and businesses.A taxpayer is a natural person or legal entity that must pay taxes. The government may provide identity or reference numbers to individuals or businesses as modern taxpayers. One who pays taxes is often referred to as a "taxpayer".People who pay taxes are those who give the government a portion of their income. The tax payer will not be charged for this.An entity that is required to pay taxes to the government is known as a taxpayer.To learn more about tax payer refer to?
https://brainly.com/question/28735352
#SPJ4
______ is relatively rare in the real world, although this market model is highly ______ to several industries.
Pure competition is relatively rare in the real world, although this market model is highly relevant to several industries. A marketing scenario where many companies sell the same product and cannot differentiate themselves from one another; as a result, no firm has a substantial impact on price.
The ease with which new businesses can enter the market and great market knowledge are further existing factors. Agricultural items like corn, wheat, and soybeans are some of the best examples of markets that are just competitive. The presence of numerous suppliers and the lack of significant entry barriers make monopolistic companies similar to pure competition.
To learn more market, click here.
https://brainly.com/question/13414268
#SPJ1
kit kat is a candy bar that is sold around the world. but kit kats are not the same in every geographic location. in japan, for example, you can buy green tea and sweet potato kit kats. in england, you can buy hazelnut kit kats, and in the united states, you can buy big kats, or larger versions of the candy. each country is seen as having their own unique culture, and therefore their own need for special products. what kind of worldview would you say kit kat has? geocentric polycentric ethnocentric regiocentric
Kitkat has taken a polycentric approach to selling candy bars in different parts of the world
The company offers products that are specially suited for the local market and adjusts its marketing strategy accordingly. The key to successfully marketing the product in that nation is to respect its values. The antithesis of ethnocentrism is this strategy. With this strategy, the company typically assumes that the international market is unique from the home market. For instance, Pizza Hut sells sweet potato-stuffed crusts in South Korea and squid and seaweed on its pizzas in Japan to cater to local tastes. The company thoroughly respects the nation's values, including its culture, religion, and customs.
Learn more about polycentrism:
https://brainly.com/question/20715897
#SPJ4
Instead of cultural and marketing influences, what factors should determine a household’s saving rate?.
The factors that should determine a household’s saving rate are Monetary situations, social establishments, and the person or populace characteristics can all play a function. Monetary conditions together with financial balance and general earnings are vital in figuring out savings costs.
As a minimum 20% of your profits have to move in the direction of savings. Meanwhile, every other 50% (most) ought to move toward requirements, even as 30% goes toward discretionary objects. That is referred to as the 50/30/20 rule of thumb, and it gives a quick and clean manner that will price range your money.
This record is the today's to be had from this supply but is from 2019, and some sources put common savings even higher: Northwestern Mutual's 2022 making plans & progress have a look at found out that the common amount of personal financial savings (not which include investments) became $62,086 in 2022.
In the end, your cash loses its fee and shopping strength. Some other red flag that you have an excessive amount of cash in your financial savings rate is if you exceed the $250,000 restriction set through the Federal Deposit insurance corporation (FDIC) — glaringly not a difficulty for the common saver.
Learn more about saving rates here https://brainly.com/question/18799760
#SPJ4
the practice of purchasing real estate using a small amount of your own money and a larger proportion of borrowed funds is called: group of answer choices loan floating leverage debt mortgaging all answers are correct
Answer (c) is the right choice. Leverage is the process of buying real estate using a little quantity of your own money and a greater share of borrowed money.
What does the term "leverage" in business mean?Leverage is the ratio of a company's debt to equity that it has (its capital structure). A corporation is said to be highly leveraged if it has more debt than is typical for its sector.
How do you apply leverage in the workplace?Try to cast the opposing negotiator in a less favorable light than is appropriate for her or his position in order to acquire power in a negotiation. Be in control of your emotions, your surroundings, the other negotiator, and yourself. Consider how you entered the scenario. Your viewpoint on it will be determined by that.
Learn more about leverage: https://brainly.com/question/28174101
#SPJ1
you have been given a choice of paying $20,000 for a new gm car with a $3,000 cash rebate (net cost of $17,000 which you finance separately), or zero percent financing for 48 months with no cash rebate. what is the implicit rate of interest in this deal?
The implicit rate of interest in this deal is 8.21%.
Cost of item / length of financing
= 20000/48 = 416.67
The implicit rate of interest
End mode
p/yr = 12
PV = (17000)
Pmt = 416.67
N = 48
FV = 0
I = ?
I = 8.21%
An interest rate that is implicit in a business deal is one that is not explicitly expressed. Even if there is no rate specified in the underlying business contract, any accounting transaction involving a stream of payments spread over several future periods must include an interest rate. The market rate ought to be regarded as the most suitable interest rate to deploy to the transaction if a transaction does provide an interest rate but that rate differs significantly from the present market interest rate. If the claimed interest rate is very near to the market rate, the choice of which interest rate to employ is more arbitrary.
Learn more about interest rate here:
https://brainly.com/question/13324776
#SPJ4
acme inc produces specialized instrument for specific use. the production rate is 789 units per day. annual demand for the instrument is 77,941 units per year. the setup cost for the production run is $723, and the variable cost is $72.18 per unit. acme inc interest rate is 21.08% per year. assume that there are 335 working days per year. what is the proportion of uptime, t1, in days for this specialized instrument?
The uptime ratio in days for this particular tool is 0.2948.
Uptime is the amount of time a system has been operationally sound and available for use. It is a sign of the operating system's and the computing infrastructure's stability and dependability.
The entire demand for all commodities and services in an economy across all marketplaces for specific items is referred to as aggregate demand. The term "available capacity" refers to the area between the required and intended operational capacities.
Uptime ratio = total demand ÷ total available capacity
Total demand = 77941 units per year
Total capacity = daily production rate × no. of days in a year
= 789 × 335
= 264315
Uptime ratio = total demand ÷ total available capacity
= 77941 ÷ 264315
= 0.2948
To learn more about the uptime ratio
https://brainly.com/question/13140765
#SPJ4
because information is costly to acquire, group of answer choices people will rationally choose not to become fully informed when making decisions. people will generally choose to become as fully informed as possible when making decisions. people will generally choose to acquire no information that would be relevant to their decisions. none of the above are true.
Because information is costly to acquire, people will rationally choose not to become fully informed when making decisions.
A major number of people do not like to spend money on information and other matters which they deem to be mere and petty. Their rational mind does not let them spend money on costly information.
Thus, due to the cost, many times, people make their decisions based on only assumptions. They do not want to acquire information because of the high price and thus make up their minds based on their own opinions or ideas about a particular subject.
They would never choose to pay the price and become fully informed about a topic before deciding on that subject.
To learn more about the rational mind and thoughts,
https://brainly.com/question/1291571
#SPJ4
todrick company is a merchandiser that reported the following information based on 1,000 units sold: sales $ 330,000 beginning merchandise inventory $ 22,000 purchases $ 220,000 ending merchandise inventory $ 11,000 fixed selling expense ? fixed administrative expense $ 13,200 variable selling expense $ 16,500 variable administrative expense ? contribution margin $ 66,000 net operating income $ 19,800 required: 1. prepare a contribution format income statement. 2. prepare a traditional format income statement. 3. calculate the selling price per unit. 4. calculate the variable cost per unit. 5. calculate the contribution margin per unit. 6. which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in response to changes in unit sales?
Todrick company is a Merchandising that reported the following information based on 1,000 units sold: flow chart is given in image.
What is Merchandising?
Merchandising is any practise that aids in the sale of products to retail customers. At the retail level, merchandising refers to the imaginative display of products for sale in order to attract buyers to purchase additional items or products. Visual display merchandising in retail commerce refers to merchandise sales that use product design, selection, packing, pricing, and presentation to encourage customers to spend more money. This includes disciplines and discounts, physical product presentation and displays, and decisions about which products to present to which customers at what time. In a retail scenario, bringing in similar products or accessories is a wonderful approach to attract customers to buy more. Merchandising aids comprehension of the standard dating notation for invoice payment periods.
To learn more about Merchandising
https://brainly.com/question/27046371
#SPJ4
assume you have 50/100/25 coverage in your auto insurance policy (a standard non-stacking policy). assume you were at fault in an accident, and two injured parties were awarded the following damages: person 1: $75,000 person 2: $25,000 what would your financial liability be in this case (i.e. the amount not insured)?
Assume you have 50/100/25 coverage in your auto insurance policy in which you were at fault in an accident, and two injured parties were awarded the following damages: person 1: $75,000 person 2: $25,000. Your financial liability is : $25,000.
What is financial liability?Financial liability can be defined as the financial obligation or debt a person is expected to pay.
Hence,
Damages for the injures parties are:
Person 1: $75,000
Person 2: $25,000
Coverage:
50 / 100 / 25
Since only person 2 will be covered in which you can only pay the amount of $50000 to each individual which in turns means that the financial liability will be calculated as:
Financial liability:
Financial liability = Person 1 - Insurance coverage
Financial liability = $75000 - $50000
Financial liability = $25000
Therefore we can conclude that the financial liability is the amount of $25,000.
Learn more about financial liability here: https://brainly.com/question/14921529
#SPJ1
if the quantity of concert tickets sold decreases by 10 percent when the price increases by 5 percent, the price elasticity of demand over this range of the demand curve is: group of answer choices unitary elastic. perfectly inelastic. price inelastic. price elastic.
The price elasticity of demand over that range is inelastic. It is because the score for price elasticity is 0,5.
A good's price elasticity of demand can be defined as a measure of how sensitive the quantity demanded is to its price. In the price elasticity method, quantity demanded falls for almost any good when the price rises, but it falls more for some than for others. A price elasticity can be classified into inelastic when the score between 0 and 1. When the score of price elasticity is higher than 1, so it can be classified into elastic.
The formula to calculate price elasticity is:
Price elasticity of demand = %Change in the quantity demand / %change in the price
Price elasticity = 5 % / 10 % = 0,5%
Learn more about price elasticity here brainly.com/question/13565779
#SPJ4
suppose that a fifteen-year-old signs up for fan duel, one of the fantasy sports companies mentioned in this video. in doing so, he accepts the company's terms and conditions, which amounts to signing a contract. the teenager then runs up a $5,000 gambling debt with fan duel. which legal concept explains why the teenager will not be responsible for paying the $5,000 debt to fan duel?
The legal concept that explains why the teenager will not be responsible for paying the $5,000 debt to fan duel is that the contract is voidable because the teenager is a minor.
What is debt?
Debt is an obligation that forces one party, called debtor, to pay another party, the creditor, money or other agreed-upon value. Debt is a delayed repayment, or series of payments, as opposed to an immediate purchase. A federal state or country, a local government, a firm, or an individual may owe the obligation. Commercial debt is typically subject to contractual provisions governing the quantity and timing of principle and interest repayments. Debt includes loans, bonds, banknotes, and mortgages. Debt, as opposed to equity, is a form of financial transaction in financial accounting. The phrase could also be used figuratively to refer to moral duties and other non-monetary exchanges.
To learn more about debt
https://brainly.com/question/25035804
#SPJ4
gilchrist corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. at the beginning of the most recently completed year, the corporation estimated the machine-hours for the upcoming year at 35,900 machine-hours. the estimated variable manufacturing overhead was $4.80 per machine-hour and the estimated total fixed manufacturing overhead was $945,606. the predetermined overhead rate for the recently completed year was closest to: multiple choice $31.14 per machine-hour $30.14 per machine-hour $4.80 per machine-hour $26.34 per machine-hour
Predetermined manufacturing overhead rate= $31.14 per machine hour.
Estimated the machine-hours= 35,900
The estimated variable manufacturing overhead was $4.80 per machine-hour. The estimated total fixed manufacturing overhead was $945,606.
How to calculate predetermined overhead rate?
To calculate the predetermined overhead rate, we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate=(945,606/35,900) +$4.80
Predetermined manufacturing overhead rate= $31.14 per machine hour
To know more about predetermined manufacturing overhead rate, refer:
https://brainly.com/question/20308748
#SPJ4